NutriBand Inc. New Standards Disclosure
Recent Accounting Standards
The Company has reviewed all other FASB-issued ASU accounting pronouncements and interpretations thereof that have effective dates during the period reported and in future periods. The Company has carefully considered the new pronouncements that alter previous GAAP and does not believe that any new or modified principles will have a material impact on the Company’s reported financial position or operations in the near term. The applicability of any standard is subject to the formal review of the Company’s financial management and certain standards are under consideration.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2026 | Apr 29, 2026 | Showing above |
| 2025 | Apr 28, 2025 | |
| 2024 | May 1, 2024 | |
| 2023 | Apr 26, 2023 | |
| 2022 | Apr 29, 2022 | |
| 2021 | Apr 2, 2021 | |
| 2020 | Apr 14, 2020 | |
| 2019 | Apr 19, 2019 | |
| 2017 | May 8, 2017 | |
About New Standards Disclosures
New accounting standards disclosures describe recently adopted pronouncements and those not yet effective, along with management's assessment of their expected impact. This section provides an early warning system for upcoming changes to how a company reports its financial results, often years before the new rules take effect.
Key signals: when management describes a not-yet-adopted standard's impact as "material" or "still being evaluated," it signals potential significant changes to reported metrics upon adoption. Watch for standards that affect a company's core operations — for example, revenue recognition changes for software companies or lease accounting changes for retailers with large store footprints. The transition method chosen (full retrospective versus modified retrospective) affects comparability with prior periods. Companies that delay adoption to the latest permitted date may be struggling with implementation complexity. Compare the disclosed impact assessments against peers in the same industry to gauge whether management's expectations are reasonable.